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Insights

Is tax brawl between the government and freelancers about to end?

May 11, 2021, ,
On 21 April 2021, the Serbian Government announced that it has reached a final deal with a group representing interests of freelance internet workers on the partial amnesty for the...
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Can a fixed-term employee be declared redundant under Serbian law?

May 5, 2021, ,
The provision of the Labour Act allowing termination for redundancy does not distinguish between fixed-term and permanent employees. The distinction between indefinite-term and fixed-term employees is made only with respect...
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National Bank of Serbia refines its position on the permissibility of pledge on local receivables as security for claims of foreign creditors against Serbian debtors

April 26, 2021, ,
Last week, we critically commented on the NBS’s interpretation of the Serbian Foreign Exchange Act with respect to the permissibility of pledge on local receivables as security for claims of...
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National Bank of Serbia risks own goal with the new position on cross-border secured transactions

April 14, 2021, ,
The National Bank of Serbia (“NBS“) released interpretative guidance regarding the application of the foreign exchange regulations on certain cross-border transactions. Among other things, the guidance responds to a question...
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Council of Europe’s useful guidance concerning facial recognition

March 15, 2021, , ,
The Consultative Committee of the Council of Europe Convention for the Protection of Individuals with regard to Automatic Processing of Personal Data (“Convention 108+“) developed Guidelines on Facial Recognition, addressed...
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Liberalization of the regime applicable to Chinese citizens working in Serbia

February 11, 2021, , ,
The Republic of Serbia and People’s Republic of China signed the Social Security Agreement (“Treaty“) which entered into force on 1 February 2021. Chinese citizens employed with Chinese companies but...
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Loans from non-EU IFIs no longer subject to minimum tenor requirements

January 29, 2021, ,
The National Bank of Serbia (NBS) has updated its regulation of cross-border loans and guarantees involving Serbian borrowers and security providers (Update). The Update allows Serbian borrowers to agree to...
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New rules for business travel to Serbia

January 22, 2021,
As of 21 January 2021, Serbian and foreign citizens can travel to Serbia for business reasons, without a negative PCR test. To be able to do so, they have to...
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The Ministry of Labour’s Guide through occupational health and safety when working from home

January 20, 2021, , ,
The Serbian Ministry of Labour published on 18 January 2021 the Guide for Safe and Healthy Work from Home (Vodič za bezbedan i zdrav rad od kuće) (“Guide“). The Guide...
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Introduction of electronic application for temporary residence permit

January 13, 2021, , ,
As of 1 April 2021, foreigners can apply for the temporary residence permit without having to enter Serbia, electronically via e-Government Portal (“Portal“). The applicant should select “Living in Serbia”....
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